Forex Trend Analysis Report

Prepared for you on Monday, October 25, 2021.

Pakistani Rupee/South African Rand (FOREX:PKRZAR)

Countertrend Down (-85) - PKRZAR is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.

Is it time to buy, sell, or avoid PKRZAR?

MarketClub looks at technical strength and momentum to determine if the timing is right for PKRZAR.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

Open	High	Low	PKRZAR Price	Change
0.08494900	0.08539422	0.08417172	0.08424557	-0.00070300
Entry Signal

MarketClub’s Trade Triangles for PKRZAR

The long-term trend has been DOWN since May 25th, 2021 at 0.09034042

The intermediate-term trend has been DOWN since Oct 15th, 2021 at 0.08608761

The short-term trend has been UP since Oct 22nd, 2021 at 0.08532527

Smart Scan Analysis for PKRZAR

Based on our trend formula, PKRZAR is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85

Strong Downtrend Sideways Strong Uptrend

Open	High	Low	Price	Change
0.08494900	0.08539422	0.08417172	0.08424557	-0.00070300
Prev. Close	Volume	Bid	Ask	Time
0.08494900				2021-10-25 20:14:30

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